Japan's benchmark Nikkei stock index closed higher Wednesday following Wall Street's gaining overnight, as weaker-than-expected U.S. inflation data raised hopes that the U.S. Federal Reserve could ...
Nikkei closes at 2-week high on hopes for slower U.S. rate hikes
Japan's Nikkei closed at a two-week high on Wednesday, tracking Wall Street's gains as cooler-than-expected U.S. inflation data raised expectation that the Federal Reserve could soften its interest ...
Japan’s PM Kishida faces heat as Abe loyalists attack tax plan to fund higher defence spending
Right-wing members of ruling LDP strongly oppose proposals for higher taxes, with one minister daring Kishida to sack her; Kishida could compromise for fear of completely ostracis ...
FTX crypto boss Sam Bankman-Fried denied bail in Bahamas
Fried, founder of the failed cryptocurrency exchange FTX, has been denied bail by a judge in the Bahamas. US authorities charged Mr Bankman-Fried with "one of the biggest financial frauds in US history" on Tuesday.
Japan to radically overhaul defense policy on China threats
TOKYO: Japan is expected to announce its biggest defense overhaul in decades this week, hiking spending, reshaping its military command and acquiring new missiles to tackle ...
Bank of Japan policy review likely in 2023, economists say
All 47 economists polled expect no change in the BOJ’s negative interest rate and yield curve control program at the end of the two-day gathering on Dec. 20.
Yokohama Rubber makes it to CDP’s 2022 climate change ‘A list’
Japanese tyremaker Yokohama Rubber has been recognised for it by the global environmental non-profit CDP. The tyremaker made it to CDP’s ‘A List’ for tackling climate change as it got recognition for ... ( read original story ...)
‘Road sleeping’ deaths soar in Tokyo as socialising returns to pre-Covid levels
Authorities concerned that death toll from people being hit by cars while sleeping on roads will increase further as end-of-year party season begins ... ( read original story ...)
Tokyo prosecutors interview LDP lawmaker over unreported political funds
Prosecutors in Tokyo conducted a voluntary interview of a ruling Liberal Democratic Party lawmaker over an alleged failure to report political funds. ( read original story ...)
Japan’s Formin Making Arrangements to Visit China, Meet Counterpart This Month – NHK
Japanese Foreign Minister Yoshimasa Hayashi is making arrangements to visit China and meet with his counterpart Wang Yi, NHK public television reported on Wednesday. The meeting, if carried out, would ... ( read original story ...)
LA Council approves funding for Little Tokyo Business Improvement District
LOS ANGELES – Los Angeles Councilman Kevin de León may have been chased from the council chamber Tuesday but was able to vote on several items — including on a motion that he filed himself last week. ( read original story ...)
Crypto’s Binance Seeks to Reassure Over Reserves, Says Debt Free
Binance Holdings Ltd., the world’s largest crypto exchange, sought to counter concerns about outflows by reiterating its position that user assets are underpinned by reserves while also flagging an absence of debt.
Where did the money go in FTX crypto collapse?
Current FTX CEO John J. Ray III, a corporate restructuring expert who handled the restructuring of bankrupt energy trader Enron, appeared before the House Financial Services Commi
Jim Cramer says crypto and high wages need to crash for the Fed to beat inflation
Stocks ended the day up on Tuesday after the monthly consumer price index report showed that prices rose less than expected in November.
Two of this year’s biggest Japan IPOs set for stock-market debut
Shares of two of Japan’s largest initial public offerings this year jumped in Tokyo after both companies successfully priced shares at the top of the marketed range.
Japan expected to announce big shift in defence policy in view of China threats
The shift is the result of Tokyo's fears about China's growing military strength and regional posturing, as well as threats ranging from North Korean missile launches to Russia's invasion of Ukraine ...